Reading Education Foundation Inc.

990EZ • Fiscal year 2013 • EIN 04-3655838

Jul 01, 2012 to Jun 30, 2013 • Filed on Dec 19, 2013

Organization Profile WWW.READINGEF.ORG

PO Box 265Reading, MA 01867

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

6.2%

Higher net margin than 57% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

11%

Faster asset growth than 64% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

17%

Faster revenue growth than 69% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets55th percentile

Assets

$30,646

Up $3,129 (+11%) from 2012

Net Assets

$30,646

No earlier filing loaded for comparison.

Liabilities

Flat

Flat from 2012

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin57th percentile

Revenue

$50,853

Up $7,533 (+17%) from 2012

Expenses

$47,724

Up $16,698 (+54%) from 2012

Net Income

Down

$3,129

Down $9,165 (-75%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2013

Assets$30,646

Liabilities$0

Net Assets$30,646

Open 2013 Filing

Operations Trend

Revenue Growth69th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2013

Revenue$50,853

Expenses$47,724

Net Income$3,129

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Dec 19, 2013
Return Version: 2012v2.0

Mission and Program Overview

Mission

To raise money through fundraising and donations to fund innovative technology and teacher grants for the reading, ma public school system.

Filing and Contact Details

Filer

EIN: 04-3655838

Raw XML Appendix186 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/CostOfGoodsSold	0	0
IRS990EZ/CostOtherBasisAndSalesExpenses	0	0
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
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IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	3	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	4	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	5	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	6	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	7	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	8	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	9	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	10	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	11	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	CHRISTINE DOWNEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	MICHAEL FOLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	ELAINE WEBB
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	3	PRISCILLA HOLLENBECK
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	4	DEBORAH GILBURG
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	5	CHRISTINE KELLEY
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	6	SUSAN SHIELDS
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	7	LAURIE HILLIARD
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	8	DEMETRA RESTUCCIA
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	9	ANDREA NELSON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	10	JACQUIE CARSON
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	11	NANCY DIESELMAN
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	Secretary
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	Treasurer
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	3	Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	4	Vice President
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	5	President & CEO
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	6	Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	7	Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	8	Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	9	Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	10	Director
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	11	Director
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationFiled990T	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherExpensesTotal	0	3775
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	TO RAISE MONEY THROUGH FUNDRAISING AND DONATIONS TO FUND INNOVATIVE TECHNOLOGY AND TEACHER GRANTS FOR THE READING, MA PUBLIC SCHOOL SYSTEM.
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	TO RAISE MONEY THROUGH FUNDRAISING AND DONATIONS TO FUND INNOVATIVE TECHNOLOGY AND TEACHER GRANTS FOR THE READING, MA PUBLIC SCHOOL SYSTEM.
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	43949
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/RelatedOrgSection527Org	0	false
IRS990EZ/ScheduleBNotRequired	0	X
IRS990EZ/SpecialEventsDirectExpenses	0	2314
IRS990EZ/SpecialEventsNetIncomeLoss	0	9196
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	17 SWAN POND ROAD
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	NORTH READING
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	MA
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	01864
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	MICHAEL FOLEY
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	9788289626
IRS990EZ/TotalAssets/BOY	0	27517
IRS990EZ/TotalAssets/EOY	0	30646
IRS990EZ/TotalExpenses	0	47724
IRS990EZ/TotalRevenue	0	50853
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	WWW.READINGEF.ORG
IRS990ScheduleA/AmtsFromSubstContributors/Total	0	0
IRS990ScheduleA/AmtsRecdFromDisqualPersons/Total	0	0
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear	0	2500
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year	0	10863
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years	0	12566
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years	0	11543
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years	0	1822
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	39294
IRS990ScheduleA/GrossInvestmentIncome509/Total	0	0
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear	0	48353
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year	0	32452
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years	0	12143
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years	0	8299
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years	0	9166
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total	0	110413
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IRS990ScheduleA/InvestmentIncomePercentage	0	0.00000
IRS990ScheduleA/NetIncomeFromOtherUBI/Total	0	0
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IRS990ScheduleA/TaxRevLeviedForOrgBenefit509/Total	0	0
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	50853
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	43315
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	24709
IRS990ScheduleA/Total509/CurrentTaxYearMinus3Years	0	19842
IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	10988
IRS990ScheduleA/Total509/Total	0	149707
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	50853
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year	0	43315
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus2Years	0	24709
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus3Years	0	19842
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	10988
IRS990ScheduleA/TotalSupportTotal/Total	0	149707
IRS990ScheduleA/ValueOfSvcsFcltsFurnishdByGovt/Total	0	0
IRS990ScheduleO/GeneralExplanation/Explanation	0	GRANTS TO TOWN OF READING, MASSACHUSETTS FOR TEACHER GRANTS AND INNOVATIVE TECHNOLOGY TOTALLING $43,949.
IRS990ScheduleO/GeneralExplanation/Explanation	1	FILING FEES $50
IRS990ScheduleO/GeneralExplanation/Explanation	2	BANK FEES $63
IRS990ScheduleO/GeneralExplanation/Explanation	3	MARKETING $786
IRS990ScheduleO/GeneralExplanation/Explanation	4	OTHER ADMINISTRATIVE EXPENSES $2876
IRS990ScheduleO/GeneralExplanation/Explanation	5	\| Donee's Name: TOWN OF READING, MASSACHUSETTS \| Cash Amount Given: $43949
IRS990ScheduleO/GeneralExplanation/Identifier	0	Form 990-EZ, General Explanation.1
IRS990ScheduleO/GeneralExplanation/Identifier	1	Form 990-EZ, Part I, Line 16.4
IRS990ScheduleO/GeneralExplanation/Identifier	2	Form 990-EZ, Part I, Line 16.3
IRS990ScheduleO/GeneralExplanation/Identifier	3	Form 990-EZ, Part I, Line 16.2
IRS990ScheduleO/GeneralExplanation/Identifier	4	Form 990-EZ, Part I, Line 16.1
IRS990ScheduleO/GeneralExplanation/Identifier	5	Form 990-EZ, Part I, Line 10.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	0	TOWN OF READING, MASSACHUSETTS
IRS990ScheduleO/GeneralExplanation/ReturnReference	1	Other Expenses.4
IRS990ScheduleO/GeneralExplanation/ReturnReference	2	Other Expenses.3
IRS990ScheduleO/GeneralExplanation/ReturnReference	3	Other Expenses.2
IRS990ScheduleO/GeneralExplanation/ReturnReference	4	Other Expenses.1
IRS990ScheduleO/GeneralExplanation/ReturnReference	5	Grants and Similar Amounts Paid In Excess of $5,000.1
ReturnHeader/BuildTS	0	2016-03-07 17:11:31Z
ReturnHeader/Filer/EIN	0	043655838
ReturnHeader/Filer/Name/BusinessNameLine1	0	READING EDUCATION FOUNDATION INC
ReturnHeader/Filer/NameControl	0	READ
ReturnHeader/Filer/Phone	0	7819420369
ReturnHeader/Filer/USAddress/AddressLine1	0	PO BOX 265
ReturnHeader/Filer/USAddress/City	0	READING
ReturnHeader/Filer/USAddress/State	0	MA
ReturnHeader/Filer/USAddress/ZIPCode	0	01867
ReturnHeader/Officer/DateSigned	0	2013-12-19
ReturnHeader/Officer/Name	0	MICHAEL FOLEY
ReturnHeader/Officer/Title	0	Treasurer
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-12-19T12:53:20-08:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $30,646
Liabilities: $0
Net assets: $30,646
Revenue: $50,853
Expenses: $47,724
Net income: $3,129

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$20.5	$0.00	$20.5	$40.3	$34.3	$5.95
2024Detailed filing. Detailed filing data is available for this year.	$14.5	$0.00	$14.5	$41.6	$58.2	$16.5
2023Detailed filing. Detailed filing data is available for this year.	$31.1	$0.00	$31.1	$40.9	$50.7	$9.77
2022Detailed filing. Detailed filing data is available for this year.	$40.8	$0.00	$40.8	$39.9	$27.7	$12.2
2021Detailed filing. Detailed filing data is available for this year.	$28.6	$0.00	$28.6	$9.83	$43.2	$33.4
2020Detailed filing. Detailed filing data is available for this year.	$62.0	$0.00	$62.0	$38.1	$11.3	$26.9
2019Detailed filing. Detailed filing data is available for this year.	$35.1	$0.00	$35.1	$50.0	$53.7	$3.70
2018Detailed filing. Detailed filing data is available for this year.	$38.8	$0.00	$38.8	$76.0	$85.3	$9.34
2017Detailed filing. Detailed filing data is available for this year.	$48.2	$0.00	$48.2	$41.8	$36.7	$5.16
2016Detailed filing. Detailed filing data is available for this year.	$43.0	$0.00	$43.0	$55.5	$55.6	$0.04
2015Detailed filing. Detailed filing data is available for this year.	$43.1	$0.00	$43.1	$52.7	$38.6	$14.1
2014Detailed filing. Detailed filing data is available for this year.	$28.9	$0.00	$28.9	$44.9	$46.6	$1.74
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$30.6	$0.00	$30.6	$50.9	$47.7	$3.13
2012Summary only. Only limited summary data is available for this year.	$27.5	$0.00		$43.3	$31.0	$12.3